#8 ZCASH - POTENTIAL SETUP - 18.59% SHORT TERM - 47.41% LONGER TERMsteemCreated with Sketch.

in altcoin •  7 years ago 

Good day Steemians

Potential setup - Zcash

ZECUSD_1.JPG

We are currently testing an important support level @ $232.20 that co inside with the 50.0 Fibo level . I am looking for a bullish confirmation at this level to enter a position. If no confirmation presents its self I will wait for a confirmation at the 61.8 Fibo level.

ZECUSD_2.JPG

A potential short term profit target of 18.59% is expected at $302.15 and a longer term target of 47.41% at $388.96.

Please do not hesitate to ask any questions you might have.

Happy Trading/Investing
Nixeus

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!